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1938 Oldsmobile Series L background image

1938 Oldsmobile Series L Convertible

  • Chassis Number: L215175
  • Engine Number: LA302577
1938 Oldsmobile Series L Navigation
1938 was the final year for the rumble seat on coupe and convertible body styles, and the first year of the new Safety Transmission. The latter was like a semi-automatic gearbox that used a clutch to get the car moving, and then could be conventionally shifted, up and down, without manual clutch operation. The more popular Hydra-Matic transmission was introduced two years later and was a fully automatic transmission that would be used in various forms for four decades.

The existence of the Safety Transmission was brief, but it was an important evolutionary step in the engineering of a truly modern automobile.

This 1938 Oldsmobile L-38 Convertible Coupe was given a restoration in the early 1970s by Don Spieldenner. It was awarded Best of Show at the Oldsmobile Nationals in 1973 and an Antique Automobile Club of America Senior First Prize in 1974.

The Spieldenners later sold the Oldsmobile to Fred Greybeal, Jr., of Marion, Virginia, in whose ownership it was refinished in Starlight Blue with a red interior. The Greybeal family sold it in 2007 to Texas collector Richard L. Burdick, who has kept it in his care for over a decade. More recently, it came into new ownership.

This L-38 is the only known surviving Oldsmobile equipped with the Safety Transmission. Other options and accessories include a dashboard clock, dual side-mounted spares, and a Deluxe AM radio.

By Daniel Vaughan | Jan 2024

2023 RM Sothebys : Hershey

Pre-Auction Estimates :
USD $55,000-USD $75,000 
Sale Price :
USD $55,000

2020 RM Sothebys : Open Roads, North America

Pre-Auction Estimates :
USD $60,000-USD $75,000 
Sale Price :
USD $55,000

2018 RM Sothebys : Hershey

Pre-Auction Estimates :
USD $55,000-USD $75,000 
Sale Price :
USD $72,600

1938 Oldsmobile Series L Auction Sales

Recent Sales of the Oldsmobile Series L

(Data based on Model Year 1938 sales)
1938 Oldsmobile L-38 Convertible Coupe 'Safety Transmission'
Chassis#: L215175
Sold for USD$55,000
  2023 RM Sothebys : Hershey
1938 Oldsmobile Series L image  1938 Oldsmobile Series L image  
1938 Oldsmobile Eight Two-Door Travel Sedan
Chassis#: CL-187561
Sold for USD$13,475
  2021 RM Auctions : Auburn Fall
 
1938 Oldsmobile Eight
Sold for USD$31,350
  2020 RM Sothebys : Auburn Fall Auction
 
1938 Oldsmobile L-38 Convertible Coupe 'Safety Transmission'
Chassis#: L215175
Sold for USD$55,000
  2020 RM Sothebys : Open Roads, North America
1938 Oldsmobile Series L image  1938 Oldsmobile Series L image  
1938 Oldsmobile L-38 Convertible Coupe 'Safety Transmission'
Sold for USD$72,600
  2018 RM Sothebys : Hershey
1938 Oldsmobile Series L image  1938 Oldsmobile Series L image  
1938 Oldsmobile Eight Convertible Coupe
Sold for USD$49,500
  2015 Auctions America - Auburn Fall
 
1938 OLDSMOBILE L38 CONVERTIBLE COUPE
Sold for USD$137,500
  2007 Worldwide Auctions - Houston Classic 2007
 

Oldsmobile Series Ls That Failed To Sell At Auction

1938 Oldsmobile Series L's that have appeared at auction but did not sell.
VehicleChassisEventHigh BidEst. LowEst. High
1938 Oldsmobile L38 Business Coupe 2022 Mecum : Glendale$50,000  
1938 Oldsmobile Two-Door Travel SedanCL1875612021 RM Sothebys : Open Roads February   
1938 Oldsmobile Two-Door Travel SedanCL1875612020 RM Sothebys : Auburn Fall Auction $18,000$25,000

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1938 Oldsmobile Series L

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